US Treasury: five quick tips on blockchain

The US Bureau of the Fiscal Service (BFS) has published five takeaways on blockchain. The BFS, an agency within the Department of the Treasury, explained on its website that it had worked on a proof of concept exploring blockchain technology, which helped it understand what blockchain technology can and cannot do.

The list is based on the lessons learnt during the proof of concept, which lasted for five months from October last year. The first tip is to ask whether blockchain is the right tool for the project, which implies understanding the problem that needs resolving.